MARTIN LEWIS, Money Saving Expert, has a number of tips for saving money on your will, but he warns just having one is not enough protection for your estate.

If you die without a will your affairs can be left in limbo for years.

Writing for Express.co.uk, Martin said: “This is even more important if you live with your partner but aren’t married or in a civil partnership. Your partner has no status under law. If you die, they may not get the house or even the kids.”

But having a will is also not enough protection for your estate, according to Martin.

Speaking on This Morning, the Money Saving Expert advised there is another layer of protection you need.

Related articles

Martin Lewis: Just having a will is not enough protection for your estate

If you die without a will your affairs can be left in limbo for years.

He said: “Die will-less and you don't choose where your assets go - not good. Yet if you lose your faculties, whether due to stroke, accident or dementia, without a Lasting Power of Attorney (LPA), your assets could be locked down – even stopping your family paying for your care – and the only way they can get access is via an expensive Court of Protection.

“With an LPA you nominate a trusted friend/relative to take control of your assets ONLY if you lose capacity.

“It's not an age thing either: I'm 44 and have one. Every grown-up with assets should consider an LPA, but most don't.

“I make no apology for pushing, especially now the cost's dropped from £110 to £82 (the Government wants to encourage more people to take this step). In Scotland it remains at £75, in Northern Ireland £115.